Tesla is planning to build a massive solar panel manufacturing facility near Houston, Texas, tentatively named Project Crystal Sun. The ambitious project could cost up to $10.1 billion and is projected to generate roughly 9,700 full-time jobs. To offset potential property taxes, the automaker has applied for local tax incentives while concurrently evaluating alternative sites […]
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The market for AI-powered hardware is shifting beyond standard meeting transcribers, with a new wave of startups focusing on smart rings for capturing spontaneous thoughts. Voice ring developer Sandbar has raised a total of $36 million, including a $23 million Series A round led by Adjacent and Kindred Ventures, to back its private voice device, […]
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Automattic, the parent company of WordPress.com, has released its personal CRM and relationship manager app, Mesh (formerly known as Clay), on Android devices. The software is designed to help users privately organize their personal and professional networks, keep track of contact notes, and set communication reminders. The newly tailored Android app integrates deeply with the […]
Continue ReadingUber Freight, the logistics subsidiary of ridesharing giant Uber, is investigating claims of a cyberattack and data breach orchestrated by the extortion gang known as Helix. An official spokesperson stated that business operations remain unaffected and core systems are running normally. The Helix group, tracked by Google as part of the UNC6671 collective, allegedly exfiltrated […]
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Thrive Holdings has successfully secured $2 billion in a fresh funding round, pushing its valuation to $12 billion with backing from major investors like SoftBank and Altimeter Capital. The firm operates similarly to a private equity company, acquiring traditional businesses in sectors such as accounting and IT to seamlessly integrate advanced artificial intelligence into their […]
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At the Ai4 conference in Las Vegas, prominent AI researchers Geoffrey Hinton, Fei-Fei Li, and Andrew Ng addressed the heated debate surrounding open-source artificial intelligence. Despite differing viewpoints on safety and implementation, all three experts argued against allowing a handful of major tech corporations to monopolize technological progress and control access to advanced systems. Andrew […]
Continue ReadingAI coding startup Cognition, the creator of the autonomous software agent Devin, is reportedly in talks with investors for a new funding round. The potential deal could value the high-growth company at $40 billion, marking a major leap following its $1 billion raise at a $26 billion valuation just months prior. This rapid financial growth […]
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Food delivery service Grubhub has begun distributing a $23.8 million settlement to over 640,000 drivers and consumers following a legal action brought by the Federal Trade Commission (FTC). The payouts resolve allegations that the company engaged in deceptive practices, including misleading workers about potential earnings and listing unauthorized restaurants on its platform. The settlement stems […]
Continue ReadingStreaming platform Twitch has sparked immediate backlash from its creator community after revealing plans to use stream recordings to train generative AI models for its parent company, Amazon. Under the new policy, users are opted in by default, meaning their audio and video content will automatically feed Amazon’s AI systems unless they manually change their […]
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Northrop Grumman is pioneering a new era of orbital satellite servicing as its Mission Extension Vehicle successfully detached from an Australian Optus communications satellite. The spacecraft spent over a year keeping the communications satellite properly positioned in orbit, effectively compensating for depleted fuel supplies and maximizing the asset’s commercial return. This transition paves the way […]
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